The Authority of the University of Ilorin (UNILORIN) has announced that it had hiked the institution’s fees by 35% and not 100% as being speculated.
The spokesman of the institution, Mr. Kunle Akogun, told the News Agency of Nigeria (NAN) that the initial increment was 48.4% as against the general speculation of 100%.
According to NAN, Akogun said the increment is in university and faculty charges. He explained that the items that made up the charges were simply fundamentals and basic.
“As a result of reduction in the federal government reimbursement for the university running cost on recurrent expenditure and the consideration on the financial realities on ground, it’s imperative that the university management made adjustment in the charges,” Akogun stated.
Mr. Akogun also explained that the fees would be a little above N21000 while other charges such as faculty and departmental charges would depend according to individual faculties in the institution.
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